Other Intangible Assets, Net (Tables)

3 Months Ended

May 04, 2019

Goodwill and Other Intangible Assets, Net [Abstract]

Components of Finite-Lived Intangible Assets and Intangible Assets Not Subject to Amortization

The components of finite-lived intangible assets and intangible assets not subject to amortization are as follows:

		May 4, 2019						May 5, 2018
	Gross		Accum.		Net		Gross		Accum.		Net
($ in millions)	value		amort.		value		value		amort.		value
Amortized intangible assets: (1)
Lease acquisition costs	$	116	$	(108)	$	8	$	128	$	(117)	$	11
Trademarks / trade names		20		(15)		5		20		(14)		6
Favorable leases		-		-		-		7		(6)		1
	$	136	$	(123)	$	13	$	155	$	(137)	$	18
Indefinite life intangible assets: (1)
Runners Point Group trademarks / trade names					$	9					$	25
Other intangible assets, net					$	22					$	43

The change in the ending balances also reflects the effect of foreign currency fluctuations due primarily to the movements of the euro in relation to the U.S. dollar.

Amortization Expense

The annual review of intangible assets with indefinite lives performed during the first quarter of 2019 did not result in the recognition of impairment. Amortization expense recorded is as follows:

		Thirteen weeks ended
($ in millions)		May 4, 2019	May 5, 2018
Amortization expense	$	1	$	1

Estimated Future Expected Amortization Expense for Finite Life Intangible Assets

Estimated future amortization expense for finite-life intangible assets is as follows:

	($ in millions)
Remainder of 2019	$	2
2020		3
2021		2
2022		2
2023		2
2024		2